Is Costilla County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Costilla County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Costilla County was a Buyer's Market.

Key Takeaway

Costilla County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Costilla County, CO

How much do homes in Costilla County, CO cost?

Median Sold Price

$295,054

$202/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$130,154(+78.9%)

Key Takeaway

Homes in Costilla County have sold for 78.9% more than they did a month ago.

Summary: The median home sold price in Costilla County was $295,054 in October 2024, up 78.9% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$152.5K
N/A
3 -$532.5K
N/A
4 $164.9K-
N/A
5+ --
N/A

Summary: Costilla County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Conejos County
+135.8%
Costilla County
+78.9%
Alamosa County
0.4%
Huerfano County
-13.4%

Housing Supply in Costilla County, CO

How many homes are available in Costilla County, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3537+5.7%

Summary: The Costilla County real estate market had 37 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 1214
+16.7%
4 54
-20.0%
5+ 33
0.0%

Summary: The Costilla County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Costilla County, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Costilla County in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Costilla County, CO

How long does it take to sell a home in Costilla County, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days142 Days+4655.6%

Summary: Homes in Costilla County had an average of 142 days on market in Oct 2024, up by 4655.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Costilla County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in Costilla County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Costilla County, CO

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What housing markets are near Costilla County, CO?